Investor: Gavin Baker
Number of Assets: 56
Reporting Period: Q4 - 2025
Holdings at Report: $8,183,550,359
Return Since Report: +$1,280,692,464
Return Since Report: +15.65%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| ACV Auctions Inc. (ACVA) | Equity | +125.23% | 12,411,800 | 2.11% | $8.02 | $5.92 | $99,542,636 | $73,477,856 | -$26,064,780 | -26.18% |
| Affirm Holdings Inc. (AFRM) | Equity | +566.14% | 1,384,941 | 2.19% | $74.43 | $65.82 | $103,081,159 | $91,156,817 | -$11,924,342 | -11.57% |
| Alphabet Inc. (GOOGL) | Equity | -6.53% | 514,339 | 3.42% | $313.00 | $396.78 | $160,988,107 | $204,079,428 | +$43,091,321 | +26.77% |
| Amazon.com Inc. (AMZN) | Equity | +4.39% | 687,799 | 3.37% | $230.82 | $264.14 | $158,757,765 | $181,675,228 | +$22,917,463 | +14.44% |
| Ambiq Micro INC | Equity | +1.77% | 696,420 | 0.42% | $28.50 | N/A | $19,847,970 | N/A | N/A | N/A |
| American Superconductor Corporation (AMSC) | Equity | +35.35% | 1,044,193 | 0.64% | $28.78 | $55.06 | $30,051,875 | $57,493,267 | +$27,441,392 | +91.31% |
| Astera Labs Inc. (ALAB) | Equity | +2496.61% | 1,611,194 | 5.69% | $166.36 | $232.68 | $268,038,234 | $374,892,620 | +$106,854,386 | +39.87% |
| Atlassian Corp. (TEAM) | Equity | +30.47% | 398,230 | 1.37% | $162.14 | $87.46 | $64,569,012 | $34,829,196 | -$29,739,816 | -46.06% |
| Autozone Inc. (AZO) | Equity | +6.33% | 11,620 | 0.84% | $3,391.50 | $3,321.15 | $39,409,230 | $38,591,763 | -$817,467 | -2.07% |
| Axon Enterprise Inc. (AXON) | Equity | +189.27% | 105,469 | 1.27% | $567.93 | $391.88 | $59,899,009 | $41,331,192 | -$18,567,817 | -31.00% |
| Chime Financial Inc. (CHYM) | Equity | +100% | 1,503,788 | 0.80% | $25.17 | $17.69 | $37,850,344 | $26,602,010 | -$11,248,334 | -29.72% |
| Ciena Corp. (CIEN) | Equity | +1.96% | 1,428,230 | 7.09% | $233.87 | $554.46 | $334,020,150 | $791,896,406 | +$457,876,256 | +137.08% |
| Coherent Corp. (COHR) | Call | +100% | 900,000 | N/A | $184.57 | N/A | $166,113,000 | N/A | N/A | N/A |
| Coherent Corp. (COHR) | Equity | +35.18% | 1,235,246 | 4.84% | $184.57 | $382.45 | $227,989,354 | $472,419,833 | +$244,430,479 | +107.21% |
| Compass Inc. (COMP) | Equity | +100% | 8,723,434 | 1.96% | $10.57 | $7.88 | $92,206,697 | $68,740,660 | -$23,466,037 | -25.45% |
| CoreWeave Inc. (CRWV) | Equity | +863.55% | 606,110 | 0.92% | $71.61 | $107.30 | $43,403,537 | $65,035,603 | +$21,632,066 | +49.84% |
| Dick'S Sporting Goods Inc. (DKS) | Equity | +1.96% | 490,828 | 2.06% | $197.97 | $216.48 | $97,169,219 | $106,254,445 | +$9,085,226 | +9.35% |
| Echostar Corp. (SATS) | Equity | +100% | 901,084 | 2.08% | $108.70 | $137.23 | $97,947,831 | $123,655,757 | +$25,707,926 | +26.25% |
| Ferguson Enterprises Inc. (FERG) | Equity | -20.08% | 177,917 | 0.84% | $222.63 | $223.82 | $39,609,662 | $39,821,383 | +$211,721 | +0.53% |
| Generac Holdings Inc. (GNRC) | Equity | +100% | 182,765 | 0.53% | $136.37 | $263.68 | $24,923,663 | $48,191,475 | +$23,267,812 | +93.36% |
| Gitlab Inc. (GTLB) | Call | +100% | 1,000,000 | N/A | $37.53 | N/A | $37,530,000 | N/A | N/A | N/A |
| Gitlab Inc. (GTLB) | Equity | -41.92% | 3,177,083 | 2.53% | $37.53 | $23.66 | $119,235,925 | $75,169,784 | -$44,066,141 | -36.96% |
| Intel Corp. (INTC) | Equity | -81.47% | 483,930 | 0.38% | $36.90 | $108.77 | $17,857,017 | $52,637,066 | +$34,780,049 | +194.77% |
| Invesco QQQ Trust (QQQ) | Put | +100% | 3,500,000 | N/A | $614.31 | N/A | $2,150,085,000 | N/A | N/A | N/A |
| Jfrog Ltd. (FROG) | Equity | +1.77% | 404,276 | 0.54% | $62.46 | $66.16 | $25,251,079 | $26,746,900 | +$1,495,821 | +5.92% |
| Lumentum Holdings Inc. (LITE) | Equity | -41.73% | 382,805 | 2.99% | $368.59 | $970.70 | $141,098,095 | $371,588,814 | +$230,490,719 | +163.35% |
| Mastercard Inc. (MA) | Equity | +1.97% | 45,958 | 0.56% | $570.88 | $494.20 | $26,236,503 | $22,712,444 | -$3,524,059 | -13.43% |
| Mercadolibre Inc. (MELI) | Equity | -23.66% | 4,501 | 0.19% | $2,014.26 | $1,546.81 | $9,066,184 | $6,962,192 | -$2,103,992 | -23.21% |
| Micron Technology Inc. (MU) | Put | +100% | 700,000 | N/A | $285.41 | N/A | $199,787,000 | N/A | N/A | N/A |
| Micron Technology Inc. (MU) | Equity | +1.93% | 738,916 | 4.47% | $285.41 | $724.66 | $210,894,016 | $535,462,869 | +$324,568,853 | +153.90% |
| Microsoft Corp. (MSFT) | Equity | +100% | 181,468 | 1.86% | $483.62 | $421.92 | $87,761,554 | $76,564,979 | -$11,196,575 | -12.76% |
| Nu Holdings Ltd. (NU) | Equity | +30.43% | 3,272,998 | 1.16% | $16.74 | $12.15 | $54,789,987 | $39,766,926 | -$15,023,061 | -27.42% |
| Nvidia Corp. (NVDA) | Equity | +234.98% | 1,925,231 | 7.62% | $186.50 | $225.32 | $359,055,582 | $433,793,049 | +$74,737,467 | +20.82% |
| Nvidia Corporation (NVDA) | Call | +100% | 3,500,000 | N/A | $186.50 | N/A | $652,750,000 | N/A | N/A | N/A |
| Performance Food Group Company (PFGC) | Equity | +100% | 125,901 | 0.24% | $89.92 | $95.97 | $11,321,018 | $12,082,719 | +$761,701 | +6.73% |
| Philip Morris International Inc. (PM) | Equity | +45.38% | 405,759 | 1.38% | $160.40 | $189.61 | $65,083,744 | $76,935,964 | +$11,852,220 | +18.21% |
| Pure Storage Inc. (PSTG) | Call | +100% | 1,500,000 | N/A | $67.01 | N/A | $100,515,000 | N/A | N/A | N/A |
| Pure Storage Inc. (PSTG) | Equity | +1.93% | 4,177,675 | 5.94% | $67.01 | $83.80 | $279,946,002 | $350,089,165 | +$70,143,163 | +25.06% |
| Ralph Lauren Corp. (RL) | Equity | +1.97% | 127,562 | 0.96% | $353.61 | $326.81 | $45,107,199 | $41,688,537 | -$3,418,662 | -7.58% |
| Roblox Corp. (RBLX) | Equity | -47.14% | 389,571 | 0.67% | $81.03 | $42.85 | $31,566,938 | $16,693,117 | -$14,873,821 | -47.12% |
| Rocket Companies Inc. (RKT) | Equity | +260.02% | 3,602,563 | 1.48% | $19.36 | $13.35 | $69,745,620 | $48,094,216 | -$21,651,404 | -31.04% |
| Rogers Corp. (ROG) | Equity | +1.77% | 171,920 | 0.33% | $91.57 | $139.71 | $15,742,714 | $24,018,943 | +$8,276,229 | +52.57% |
| Rubrik Inc. (RBRK) | Equity | +18.90% | 895,029 | 1.45% | $76.48 | $63.77 | $68,451,818 | $57,075,999 | -$11,375,819 | -16.62% |
| Sea Limited (SE) | Equity | +1.95% | 275,439 | 0.75% | $127.57 | $88.23 | $35,137,753 | $24,301,983 | -$10,835,770 | -30.84% |
| Semtech Corp. (SMTC) | Equity | +1.98% | 691,591 | 1.08% | $73.69 | $137.64 | $50,963,341 | $95,190,585 | +$44,227,244 | +86.78% |
| Servicetitan Inc. (TTAN) | Equity | +26.54% | 792,433 | 1.79% | $106.50 | $58.52 | $84,394,115 | $46,373,179 | -$38,020,936 | -45.05% |
| Snowflake Inc. (SNOW) | Equity | +1.96% | 478,754 | 2.23% | $219.36 | $157.47 | $105,019,477 | $75,389,392 | -$29,630,085 | -28.21% |
| Taboola.Com Ltd. (TBLA) | Equity | +1.82% | 738,210 | 0.07% | $4.61 | $4.99 | $3,403,148 | $3,683,668 | +$280,520 | +8.24% |
| Tesla Inc. (TSLA) | Equity | -9.94% | 186,035 | 1.78% | $449.72 | $422.24 | $83,663,660 | $78,551,418 | -$5,112,242 | -6.11% |
| Twilio Inc. (TWLO) | Equity | -25.76% | 716,946 | 2.16% | $142.24 | $198.29 | $101,978,399 | $142,163,222 | +$40,184,823 | +39.41% |
| Unity Software Inc. (U) | Call | +100% | 3,700,000 | N/A | $44.17 | N/A | $163,429,000 | N/A | N/A | N/A |
| Unity Software Inc. (U) | Equity | +8.41% | 6,625,439 | 6.21% | $44.17 | $26.73 | $292,645,641 | $177,097,984 | -$115,547,657 | -39.48% |
| Warby Parker Inc. (WRBY) | Equity | +100% | 393,085 | 0.18% | $21.79 | $28.73 | $8,565,322 | $11,293,332 | +$2,728,010 | +31.85% |
| Wayfair Inc. (W) | Equity | +1.93% | 870,864 | 1.86% | $100.41 | $58.22 | $87,443,454 | $50,701,702 | -$36,741,752 | -42.02% |
| Wingstop Inc. (WING) | Equity | +100% | 390,005 | 1.97% | $238.49 | N/A | $93,012,292 | N/A | N/A | N/A |
| Wix.com Ltd (WIX) | Equity | +100% | 1,247,457 | 2.75% | $103.89 | $54.67 | $129,598,308 | $68,198,474 | -$61,399,834 | -47.38% |